Results for "Premium Motor Spirit (PMS)"

Nigeria's daily consumption of Premium Motor Spirit (PMS), also known as petrol, decreased by 1.27% year-on-year in June 2026, falling to 47.4 million litres per day from 48 million litres per day.

Nigerian Customs officials sealed a vessel laden with Premium Motor Spirit (PMS) at Tincan, stating the action was due to missing vessel documents rather than a petrol blockade.

Dangote Petroleum Refinery and Petrochemicals Limited has clarified that its ex-depot price of Premium Motor Spirit (PMS), also known as petrol, remains unchanged, dismissing earlier speculation of an increase.

The Comptroller-General of Nigeria Customs has declared a total war on smugglers, seizing ₦93 million worth of Premium Motor Spirit (PMS) in Adamawa in a bid to curb illegal fuel exports.

Nigeria's average daily consumption of Premium Motor Spirit (PMS), or petrol, decreased to 56.9 million litres per day in February, down from 60.2 million litres per day in January, according to the NMDPRA.

The Nigeria Customs Service (NCS) has intercepted and auctioned 14,375 litres of Premium Motor Spirit (PMS) in Calabar, Cross River, which was intended for smuggling into Cameroon.

Nigeria’s average retail price for Premium Motor Spirit (PMS) fell to ₦1,034.76 in January 2026, continuing a downward trend that has seen consumers pay less for petrol both year-on-year (YoY) and month-on-month (MoM). The post Petrol price drops to ₦1,034.76 in January amid sustained decline appeared first on Vanguard News.

The Dangote Refinery has announced a reduction in the ex-depot prices of Premium Motor Spirit (PMS) to N1,165/Litre and Automotive Gas Oil (Diesel) to N1,570/Litre, reaffirming its commitment to providing affordable, high-quality petroleum products for Nigerians.

Customs authorities have sealed a vessel due to incomplete documentation and the illegal discharge of Premium Motor Spirit (PMS).

Dangote Petroleum Refinery and Petrochemicals Limited has announced that the ex-depot price of Premium Motor Spirit (PMS), also known as petrol, remains unchanged and has not been adjusted.

Dangote Petroleum Refinery & Petrochemicals has stated that the price of Premium Motor Spirit (PMS) remains unchanged, amid concerns over potential volatility in the downstream market.

The pump price of Premium Motor Spirit (PMS), commonly known as petrol, has surged to N1,300 per litre in Jos, the Plateau State capital, inflicting fresh hardship on motorists, commuters, and residents already reeling from persistent economic pressures. The post Jos motorists groan as petrol price jumps to N1,300 per litre appeared first on Vanguard News.

Less than 24 hours after Dangote Petroleum Refinery & Petrochemicals raised the gantry price of Premium Motor Spirit (PMS), also known as petrol, by N100 per litre, its partner retail outlet, MRS Oil Nigeria Plc, and NNPC Limited have increased their pump prices by a similar margin. The post Dangote’s partner station MRS, NNPC raise petrol price by N100/litre appeared first on Vanguard News.

By Udeme Akpan, Energy Editor Dangote Refinery has resumed the sale of Premium Motor Spirit (PMS), also known as petrol, to major marketers and depot owners under a revised distribution framework endorsed by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The move represents a significant shift from the previous arrangement in which products were […] The post Dangote Refinery targets depot owners, major marketers in new marketing model appeared first on Vanguard...

The Nigerian federal government is engaging with petroleum marketers and industry regulators, urging them to reflect the global drop in oil prices in the pump prices of Premium Motor Spirit (PMS). This move aims to address concerns over high fuel prices in the country.

The Nigerian Navy seized over 6,000 litres of Premium Motor Spirit (PMS) during an operation along the Badagry-Ajara axis in Lagos State, intensifying efforts against cross-border fuel smuggling.

Petrol prices in Abuja have remained high for the second consecutive week, with Premium Motor Spirit (PMS) selling for around ₦1,370 per litre.

Despite a significant drop in crude oil prices from $130 to $100 per barrel, oil marketers in Lagos, Nigeria, have continued to sell Premium Motor Spirit (PMS) at high prices.

The pump price of Premium Motor Spirit (PMS), popularly known as petrol, has surged to between N1,200 and N1,300 per litre in Ibadan and surrounding areas of Oyo State.

Dangote has increased the ex-depot price of Premium Motor Spirit (PMS) by N100 to N874 in Nigeria, a move attributed to a surge in crude oil prices impacting the downstream market.